Keystone Law Group (LON:KEYS) Trading 0.6% Higher – What’s Next?

Keystone Law Group plc (LON:KEYS) traded up 0.6% during trading on Friday . The stock traded as high as GBX 536 and last traded at GBX 534.40. Approximately 86,242 shares were traded during trading, an increase of 5% from the average daily volume of 81,955 shares. The stock had previously closed at GBX 531.

Keystone Law Group Price Performance

The stock has a 50 day moving average of GBX 546.84 and a two-hundred day moving average of GBX 550.55. The company has a debt-to-equity ratio of 8.06, a quick ratio of 1.46 and a current ratio of 1.59. The stock has a market cap of £168.06 million, a PE ratio of 15.58 and a beta of 0.27.

Keystone Law Group (LON:KEYS) last posted its quarterly earnings data on Wednesday, April 29th. The company reported GBX 37 EPS for the quarter. The company had revenue of £115.17 million during the quarter. Keystone Law Group had a net margin of 9.59% and a return on equity of 59.02%. Equities analysts anticipate that Keystone Law Group plc will post 22.8524455 EPS for the current year.

Keystone Law Group announced that its Board of Directors has approved a stock buyback plan on Friday, May 15th that permits the company to repurchase 0 shares. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s board believes its shares are undervalued.

Insider Buying and Selling

In other news, insider Robin George Williams bought 3,000 shares of the business’s stock in a transaction on Wednesday, April 29th. The shares were bought at an average cost of GBX 496 per share, with a total value of £14,880. Also, insider Isabel J. S. Napper bought 950 shares of Keystone Law Group stock in a transaction dated Wednesday, April 29th. The stock was acquired at an average price of GBX 502 per share, with a total value of £4,769. In the last 90 days, insiders bought 5,950 shares of company stock valued at $2,968,900. Company insiders own 29.43% of the company’s stock.

About Keystone Law Group

Keystone Law Group plc provides conventional legal services in the United Kingdom. The company offers its legal services in the areas of banking and finance, capital market, commercial, commercial property, construction and projects, corporate, data protection, dispute resolution, employment, EU and competition law, family and matrimonial, fraud and financial crime, and immigration. It provides legal services in insurance, intellectual property, investment funds and management, licensing, mediation and ADR, pensions and incentives, planning and environment, probate and estate planning, residential property, restructuring and insolvency, tax, and technology.